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and this brings back sweet memories of when china was very isolated during the cold war. in the end, there's a whole new generation of people who have been much more sophisticated understanding, but that i would say it's a very strong autonomic response to the united states beefing up its forces in australia and then they wake up one morning and burma has flipped on them. it was eternal in terms of their faithful allies. these things caused a lot of consternation. so the old fear of diagnostically speaking in china is to fear with sand and travel without. these things happening around them excite them. >> how much does it add to that anxiety is that all? >> is the most problematic relationship now in japan and this is not good. i have to say i think japan probably hasn't played this as well as it might have, but i think on the other hand it would be fair to say also that it serves china's purposes to have something happening outside his orders which can rally people at home. there's a lot of complex things going on in each of these reactions to foreign movements outside. >> which ma
allegations. >> and we'll be on the floor in beijing where china's leaders just wrapped up a major conference. >>> and japan's prime minister election is calling on the bank of japan to heed the call of the masses. abe is beating the heat on the boj just one day after his party's huge win and two days after the bank's next rate setting meeting. kaori enjoji has the latest for us. how much of a game changer is all this? >> this is a serious game changer. it's a comeback for the dlp and shinzo abe. he has made it clear that the economy and economic recovery is going to be one of the pillars and hallmarks of his second time in office and he's wasting no time in piling on pressure on to the bank of japan who holds, of course, their two-day policy board meeting later on this week. here is what he had to say. >> i have constantly stressed our desire to present a policy accord in raising the inflation target to 2%. i do think it is unusual for monetary policies to come to the forefront during elections, but we have been able to gain much support for this. i hope the bank of japan will take this resu
debut of the iphone 5 in china as well. nasdaq down by nearly 1%. it looks like it's sitting around the lows of the day. >> something more to watch. next week is a new week, folks. obviously a very difficult day for everybody in america, but we do appreciate you watching "street signs." cnbc will have continuing coverage of your markets, all your post-close news and, of course, what is going on in newtown, concome our hearts and prayers go out to all those people affected by that. "closing bell" is next. >> i'm bill griffith. welcome to "closing bell." maria will be along here in a few minutes at the new york stock exchange, and we add our sentiments as we continue to update you on the horrific massacre at the connecticut elementary school. our deepest prayers and sympathies to all of the families and others hit by this senseless tragedy. the horror of the story may have muted trading on wall street today, as all priorities are being rearranged in a moment, and we will get you caught up on these markets in just a moment, but first we want to let you know. president obama is set to m
counterterrorism, and then the u.s. ambassador to china, gary locke, on the relationship between the two countries. >> our first experience was to come in a different way than every other family up here. probably never happen again in history. and it's interesting because after dad was sworn in, we went and took a picture, photo of the family, behind the oval office desk, and that night we didn't get to move into the white house because nixon had left so quickly, so unexpectedly, they left their daughter and son-in-law, david eisenhower, to pack all their clothes and belongings. it literally took seven or eight days. we had to go back to our little house in alexandria, virginia, suburbia, the neighborhood was surrounded by secret service. we had been living there dad was vice president. and i'll never forget. that night mom is cooking dinner. literally, we're sitting around the dinner table, and mom is cooking dinner, and she looked over at my dad and goes, gerry, something is wrong here. you just became president of the united states and i'm still cooking. >> steve ford, linda johnson robb, and j
worked until 66, but i was forced into retirement after my company said most of the job to china. all you have to do is look around and see owns all the gas stations and 7-eleven's. those people are the rich ones that come from their countries and turnaround and bring their servants with them. that is who is running those businesses. host: what do you think needs to happen in the next couple days before the end of the year? caller: one has to happen if the republicans have to agree on bringing the jobs back from overseas. the democrats could maybe agree on cutting back on some of these food stamps, especially for people that have come here and have never worked for the country and don't deserve it. host: on twitter -- another story this morning, this from "usa today." we are still getting your thoughts for the next five or 10 minutes in this first segment of the washington journal on john boehner's "plan b" that was released yesterday in case the negotiations break down over the fiscal cliff. william from north carolina is on our independent line. caller: i was calling to tell you that th
owners in china. china overall is looking to bring parts of america to china. >> reporter: in 2010, this vineyard was up for sale. chinese investors bought it. now, 90% of the wine from here-- that's 9,000 cases-- is shipped to china. what does a chinese company want with a vineyard in napa valley? >> there's a big demand in china for luxury goods, for goods that are scarce, and for goods that are well made. rather than buying chinese-made products and sending our money over there, they're buying eir ican-made products and .ending their money back here. >> reporter: and the jobs stay here. re.and the jobs stay here. >> reporter: chinese firms, flush with cash, have invested $16.4 billion in the u.s. in the past decade, $1.3 billion in california companies, a record $560 million in just the past year. the chinese are also boosting the golden state's housing recovery. they've bought one out of every ean homes sold in the past year. >> compared to the high-end thiing like in beijing, this is not that expensive, though. r: reporter: di meng is a student at the university of oruthern ca
and tolerance. the pope also prayed china's new leaders will shington's ability to avert the fiscal cliff. on monday before closing for christmas, the dow lost 52 points, while the nasdaq dropped eight. >>> new taxes to help pay for the affordable health care act take effect january 1st. the average american won't be spending more money to the irs. the wealthiest 2% of americans and the health care industry will pick up most of the tab. >>> milk is a staple in every home, ask starting in the new year you could be paying twice as much for it. a government subsidy expires at the end of this year. unless congress extends it, the cost could skyrocket to above $7 a gallon, putting a major hirchlg on families already struggling to make ends meet. >>> bad news for retailers. holiday sales proved this year it was the weakest since 2008. one report put the increase at just 0.7%, are far below analyst predictions of 3% to 4%. superstorm sandy and the looming fiscal cliff disrupted the shopping season. >>> and if you are returning my holiday gifts, have your right and a lot of patience. usa today re
. >> a local police agency warn together public. >> and the letter from china to a local lawmaker slamming warnings about an imported dog food. >> and a little glow fish that researchers say could hold the key to discovering life saving >>> police in san francisco alerting residents in the mission district about a registered sexual offender in their neighborhood. a 53-year-old was released this month, served 24 years for a number of sexual assaults against children. police now say he's living in the mission district apartment, sim yonz has been convicted of several offenses dating back to 1982. >> homeland security launched a search for a woman producing child pornography. take a look at the photos obtained by the department. this woman is accused of producing a video which she engages in sexual condwukt a four to five-year-old victim shechl wears this ring, investigate investigators say danish police down loaded this from the internet. >> research found antibiotics used to treat bronchitis failed to aleave symptoms finding they were likely to lead to side affects including nausea or rashe
will find out how it is changing china. is the season to engage in psychological warfare. and least, that is the accusation being made by north korea against its neighbors to the south, and it has to do with a christmas tree just west of seoul, korea, and the problem is that can be seen miles away in north korea. the north has threatened to the south with retaliation but has not said how exactly. children in one town have been given their christmas presents by elephant at their school. they enjoy the festivities. it is a regular feature of the town, but it was canceled because of flooding. now, when would you need an ax to go swimming? well, here is one example. this is north of the capital of berlin. they were breaking up the ice and then taking a dip. you are watching "bbc world news." these are our headlines. two firefighters have been killed and another wounded in new york state. it happened as they responded to a blaze. an aide to advisor has been killed in afghanistan, the first killing of its kind, shot by a woman in police uniform. and another six police dead. it is now more
five, china, is china slowing or leading the world? we do know that china will be the biggest economy in the world by 2020, for sure, by 2030. china also getting more than a few mentions during the presidential campaign's probably because it is pretty clear, china is both a competitor and a partner. >> number four, europe, the european union was fractured by debt and the plans to fix it. that saga is far from over. >>> number three, the housing market, finally, finally bottomed out. the combination of home prices and continued mortgage rates set off a building and buying spree. well-he well-heeled investors began to buy entire neighborhoods. and homeowners got more with a hefty down payment. >> and cnn predicts that barack obama will be reelected president of the united states. >> the election, more than just about obama and romney, more about socialism, and capitalism and spending, about the role government should have in your life. >> number one is the fiscal cliff. lawmakers saw it coming, but didn't bother to pay any attention to it until after the election. had they put politics
a big rally in china extending one of its biggest rallies in three years. we have a mixed bag in europe with italy up by about .2 of 1%. >> we'll do our best to keep focused on the business day. we'll be following the tragic shooting in connecticut, of course. the new york stock exchange will hold a moment of silence to honor the victims in the next few moments, and we'll be looking at the president's call for meaningful action and the politics of gun control. >> let's get to a road map for this morning. it starts with apple. under pressure once again. even dipping below $500 a share at some point this morning. shares will remain range bound near term. iphone 5 sales and cannibalization among the region. >> other concessions from the gop, the speaker proposing tax hikes for millionaires. could this be the tipping point. moving the talks beyond deadlock. >> a big week for earnings. yes, earnings. fedex, research in motion among the companies reporting. so finally maybe we'll be talking about fundamentals in the stock market more than just the cliff. we've got to talk about apple reversin
of uncertainty. so you have china engineering a soft landing and starting to recover. you have europe away from the brink. greece got upgraded today. who would have thought it. that is what the market is looking at. saying okay. it is not going to be the worst kcase sharcenario, but you coul extend the middle class tax cuts and be done with it. it is in a recession. >> and i think the market would not like that very much. everybody is expecting that you get the middle class tax cuts done. >> and if you can get china and europe doing better. it is hard to be terribly bearish on the u.s. >> y are going to stay with our politico expert. this is a rally that has surprised experts. it hasn't been that easy to be optimistic. >> it is. i think you have to be cautious here. the probability that this could fall apart is very, very real. >> so, you have to be careful up at these levels as a trader. i have low exposure up here. i have protection. that is how you have to play this market. stay with us please. >> yesterday it looked like washington was inching towards a deal. but today, plan b could be sign
on "varney & company," apple says it sold a record 2 million 3 c1 iphone 5's this weekend in china. still, one citigroup analyst down grades the stock and says it's got a much lower price target. there are also rumblings about orders for its products this christmas. all right, so, nicole, did we break below 500 bucks this morning? >> we did. we broke down on apple shares below $500 for the first time since february. but in that same breath, i can talk about the fact that their iphone sales over in china broke records on the rollout. stuart: okay, but right now, i'm seeing it expected to open around $510 a share. >> right. stuart: but i did see it pre-market at 499. just for a brief spell so we broke below very briefly and now we've broken back up again. >> and you have that citigroup downgrade which just piles on to the other analysts who have lowered their expectations on apple. stuart: and there's a switch. all right. john boehner bends and makes the president an offer and it includes higher tax rates on the rich. boehner's proposal, higher rates on incomes over a million dollars a year
. >>> apple downgraded on iphone 5 fears. but what fears? sales of the phones soaring in china over the weekend. 2 million of them sold in the first three days of its launch there. so are fears about apple overblown? president obama says he will use whatever power he has to prevent another massacre like the one in newtown, connecticut. what can be done, if politics is the art of the possible? where does the possible reside in america? we talk solutions today on "power lunch." my partner, sue herera, sue? >> let's look at where major averages sit right now. just a second ago, we were up 80 point on the dow. we are close to the highs of this session so far. nasdaq composite is up 29 on the trading session and s&p 45u7b is up 13. it is that optimism over the fiscal cliff which increased over the weekend after house speaker boehner edged ever closer to president obama's position. indeed, the speaker met with the president at the white house this morning. eamon javers is at the white house. eamon? >> previous meetings between the president and speaker had been telegraphed a little bit. t
, but today in china a man with a knife stabbed 22 children and a teacher in an elementary school in china today, so this is -- the gun violence may be unique to america as far as acting out on our schools, but violence against children, against schools, again, 22 children stabbed in china today. in 2010 28 children and two teachers were stabbed in china, so this level of violence, both in china situations were in elementary schools. we have to deal with the overall concept of violence because it can, obviously, be done with handguns, as we saw today with knives as china was today. >> clint making a very important point that this is not simply about guns and gun control, but a cull toor of violence that is, unfortunately, international. we are expecting a news conference from connecticut state police at 1:00 p.m. eastern. we will bring that to you live ahead, but, first, we are going to get a live update from wnbc's jonathan dietz, more breaking news after the break. [ sniffs ] i have a cold. [ sniffs ] i took dayquil but my nose is still runny. [ male announcer ] truth is, dayquil doesn't
or others in this work which is deeply disturbing, we need china's help, we need china's cooperation. and perhaps the only way that we can get china to cooperate that china understands that the north korean threat escalates a military presence in the region and that's something that china desperately doesn't want to see. but we have to make it clear that as north korea continues to capos a risk to us and a greater risk to us with missiles that could possiblily hit our shores. and that puts significant pressure on china in terms of its fuel supplies to north korea and other leverage that they can act in a way they really need to and they can act responsibly. >> congressman adam shift, always great to have you on the program. >>> the states must decide if they can create their own insurance marketplaces as part of the federal health care reform law. at least 20 states have already said they have opting out. it is a way for consumers to put private health insurance plans online. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated
want to point out that there was eaks lent story, i believe on npr, about a rampage in a china school in which a madman went after children in a school with a knife and he stabbed over 20 of them, but none of them died. and that's the key difference. when you have an automatic weapon that you can rapidly reload, when you have a gun, it kills. it kills more easily. it's hard to stab people to death. >> certainly you're not suggesting that a communist society rules are what we should follow. i mean, a mentally disturbed man stole guns. i haven't been shown any piece of legislation that is going to change that. if there was a gun law that would change the fact that a mentally disturbed man couldn't steal a gun, i would be for it, but the simple fact is, judy, i don't care what law you're going to put in place, the mentally disturbed man is going to steal a gun. >> you can't abolish-- >> he didn't have to steal it, he took it from his mother, what happened in columbine, took them from their parents and the n.r.a., i consider to be a completely utterly destructive organization in this soci
is that coming from because i see china coming back a little, maybe europe's done going down, we seem to be a little bit stalled. somebody's building something around this world. >> i think it's a matter of jabil being very competitive in the markets we serve and having sufficient diversification so that if one part of our business, for instance networking on telecommunications may be going through a lull or slower period with government spending and bess spending, capital spending down, we have some other parts of our business that are doing extremely well. you mentioned some of the mechanics business we're involved in which we call our consumer technology business. that has nothing to do with electronics so we don't have to sell any electronic hardware for those businesses to perform well. parts of our business are a reflection of the economy and other parts of our business are growing very robustly. so i'm very hopeful for the balance of the year and, you know, i think the company is diversified enough to take advantage of whatever opportunities are out there. >> okay. i am so glad
will survive that attempt. >> we sought in china just hours before the sandy hook massacre in the allen matter school. and man in china went into a school with a knife and stabbed 22 children. almost all of them but one survived because it was a knife and not a gun. >> it seems obvious, but maybe it is worth saying, a gun be sh. in an attack with a gun, it also means other people are less likely to intervene. there are many reasons why an attack with a gun is more lethal than an attack with a knife. and that is why, specifically, strong roles are justified to have on a weapon that is specifically made for killing >> rebecca, we only have a few questions. onlhave many the conceal and carried it, a new law that says students can carry on campus and teachers are afraid of giving students a bad grade. i know you have looked at other countries outside australia. how powerful in australia was the gun lobby? look at the nra. they are hiding their heads right now. their facebook pages down. this is a particular moment when the legislation is actually debated. we will see what happens. >> the gun lobby
market, the shanghai composite in china, closed well below the markets opened but here are some names posting solid gains when it comes to the steel world. optimism on china coming back giving the steel sector boost. prices for iron ore hitting a decent high lately, not a bad move, translating to a lot of names in this space for a while it looked like the economy was weakening and now it is coming back. dave: we want to let you know we will throughout this hour ridge you -- give the regular updates on a horrendous shooting in connecticut. that is coming throughout the hour. liz: how about alternative investment? putting money behind a pop culture icon. we are looking at other ways to make money than stocks but what about judy garland? the rights to her tv show are up for auction. did you know the rights and royalties of an investment can return 8% to 11% on average? better than a kick in the head. we have the man who is selling rights that he bought from judy garland's former husband. dave: today is the deadline for states to say if they will set up their own health care exchanges or
no doubt heard outsourcing to china blue there is a new phenomena bringing chinese students to college. but it's not clear cut outcome as pass/fail. >> 23-year-old arial jhang the central chinese province has a new normal at the u.s. college and universities. for the third straight year, most foreign students one in four hail from china. 194,000 students, 23% increase in previous year. >> they are paying tens of thousands in tuition. they are very driven. >> aggressive recruiting brings challenges. chief among them is trouble with the language. at some schools they use head set for english to mandarin translation. at the university of san francisco that enrolls hundreds of students from china, an administrator got fed up and quit. dale smith was associate dean at the usf business school. and isn't talking. but according to account in "san francisco chronicle" he feared influx that it might dilute the educational experience for the business students. i'll a valid concern, say experts who suggest the admission board rely as much on rig louse language screening as on test scores. >> it co
is civilians protecting civilians. >> ifill: itn's john sparks reports on police officers in china, and their accusations of widespread corruption by local officials. and jeffrey brown samples the poetry about greece's financial woes and its austerity measures. >> we'll hock the person to buy our bread. if you believe the headlines, then we're sunk. greece downgraded deeper into junk. >> ifill: that's all ahead on tonight's newshour.n >> major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy, productive life. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> ifill: much of the world paused today to observe christmas. the day brought all the traditional rites of faith for christians and a new urgency to calls f
in china. may make beautiful products. they are a private company, family owned mostly that's made a company wide decision that their priority is on keeping jobs in the ohio river valley and placed it above profit. it would be more profitable for them likely to move their manufacturing to china or elsewhere. that's not going to be realistic. most companies won't make that the priority. are consumers ready now to pay a premium to buy made in america goods? >> look. i commend them for doing that. i have to tell you, wages in china are rising. i spoke to somebody recently building a hotel and looking at the numbers, prices really aren't much different with thing that is are being imported now and made here in the united states. prices are going up tremendously. now that a lot of attention is brought to, you know, the terrible conditions and working environments and the terrible wages in china. and look. we have to start just reinvesting ourselves and you could buy things made in china that last you not that long that are not safe. there's nothing better than american quality, the safe
obviously focus on is china. in september, they approved infrastructure projects. love the way the stocking is acting the last couple of days. dagen: you are bullish on the global economy. charles: for a while now. connell: you are not worried about china athol? charles: i think china is going to continue to be on a roll. i am also impressed with brazil, indonesia and turkey. the rest of the world really doing extraordinarily well. connell: we like when you go global on us, charles. what do you use, google maps or apple? charles: stuart varney is probably better than me when it comes to these smart phones. connell: i do remember when you got away from the flip phone. charles: that is only because i left it in the green room. i heard someone from the smithsonian came up. dagen: charles, thank you so much. connell: let's go to this google graphic story. it is a very popular app. let's put it that way. we will talk about that coming up. more from washington, the house speaker ready to put through his own legislation. >> our hope continues to be to reach an agreement with the president what we
made there debut in china, but to a been there done that response. take a look at metal as we head to break. ♪ [ male announcer ] this is amy. amy likes to invest in the market. she also likes to ride her bike. she knows the potential for making or losing money can pop up anytime. that's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily... or weird... or wonderfully the market's behaving... which isn't rocket science. it just common sense. from td ameritrade. it just common sense. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. ♪ lori: that dow is down. let's get a more in-depth check of the markets with nicole petallides on the fl
. >> thank you, steve. >>> for the first time apple is announcing how many iphones it sold in china. more than two million iphone fives sold in the first three days the devices were available in china. apple says that is the best debut for any iphone in china. >>> cisco selling off another piece of its consumer unit. the san jose based company has hired barclays to sell its router unit. last year cisco got rid of the flip camera business as well. they plan to focus on the software and technology business instead. >>> 6:21. there is an indiana jones mystery. who addressed a package to the movie character and why it may have been sent. >>> and is it the beginning of the end of the holiday tradition in pacifica? why fire works might be banned. >>> welcome back to the ktvu channel 2 morning news. early next year san francisco will start testing new street light technology. the city is partnering with eight separate companies that will show how well their different low energy systems work. all the lights can be made brighter or dimmer through remote wi-fi controls that will be tested in downto
's not just about the u.s. they make a lot of money other places, right, phil? >> they do. china. china is huge for them and southeast asia. they're growing around the world. doesn't mean clear sailing. but it's a much healthier company than it was when it went into bankruptcy. >> michelle krk you tell me why buicks are so popular in china? >> it has a long history of strong image there. >> they're buicks. >> gm went in early. well, it's got a different image there. >> even tiger finally said i can't sell these things. >> any, appreciate it, michelle. thanks for trying to give me a straight answer. i'm sitting in the same chair i sit at in the morning. the big report on what happened in benghazi came out late last night and it seemed to go to great luns. >> they were mid level, right? >> yrks joe, they took the fall. from my information, i want to emphasize bend has been ongoing information. this state did and right now the people leaving the state department are victims of the government's need to cover up the larger story, that the security at the benghazi mission and it was a with th
different ending. hours before the newtown massacre, a man burst into a elementary school in china and attacked 22 children and along with an elderly woman but rather than use a rifle this man had only a knife. not one person was killed. all were slashed and injured but they also all survived. a massive tragedy averted there. such a different story here. police in china say the man that was apparently mentally 81 now in custody. >> now the victims in china may have survived, america is coming to terms with the loss of 26 lives as teachers, parents and neighbors struggle to make sense of this senseless crime for themselves as well as the kids who have to return to american school system this week that will likely be forever changed. >> it's being a teacher and having to talk with my kids what was happening while we were watching online unfold. not allowing them to have safety anymore, they should be able to go to school. >> this is horrible, little kids don't know the meaning, they don't know danger. ♪ ♪ hmm, it says here that cheerios helps lower cholesterol as part of a heart
outsourcing to china blue there is a new phenomena bringing chinese students to college. but it's not clear cut outcome as pass/fail. >> 23-year-old arial jhang the central chinese province has a new normal at the u.s. college and universities. for the third straight year, most foreign students one in four hail from china. 194,000 students, 23% increase in previous year. >> they are paying tens of thousands in tuition. they are very driven. >> aggressive recruiting brings challenges. chief among them is trouble with the language. at some schools they use head set for english to mandarin translation. at the university of san francisco that enrolls hundreds of students from china, an administrator got fed up and quit. dale smith was associate dean at the usf business school. and isn't talking. but according to account in "san francisco chronicle" he feared influx that it might dilute the educational experience for the business students. i'll a valid concern, say experts who suggest the admission board rely as much on rig louse language screening as on test scores. >> it could go smoothly. it
problem. it's not a crime of passion, no robbery. strictly mental health. in china, they're having a similar phenomenon where these things are occurring with more frequency. you can't get your hands on guns in china but it's happening with knives and axes in schools. there's not really much you can do. columbine had an armed guard. virginia tech has an armed police presence. it's not the answer. i think it's just identifying these people and somehow stepping in before this happens. >> blake, let me ask you this -- mark opens the door about security and armed guards and so forth. my sister-in-law, bless her, down in virginia beach, is a schoolteacher. she called my wife this afternoon to relay a story about security in some of the inner city schools in that area. let me read you what she said. somebody comes into the school, they have to get buzzed in. this guy got buzzed in. we don't know yet why, how, when and where. but he got buzzed in. the buzzer goes off and sets an alert. follow me on this. somebody buzzes in. maybe they go through a window. teachers start a drill. the kids a
since the iphone has gone on sale in china. china is a significant market for apple, it accounts for 15% of the company's revenue or about $24 billion during the last fiscal year. >>> a traffic stop in kansas city leads to the discovery of pipe bombs and fireworks right inside a truck bed. police stopped a tow truck driver on suspicion of drunk driving and after taking a closer look at the truck, they say they found homemade fireworks and pipe bombs. in order to safely detonate those devices they had to shut down a near by greyhound station. >>> coming up a live report from newtown connecticut, plus raiders fans show team pride in support for those lost in friday's shooting. >>> it is a defining moment for our town but it does not define us. we are newtown a special and caring place. >>> a the memorial continues to grow in newtown a city leader says her connecticut town is defined by acts of courage and by continuing commitment to its children. 20 young lives were lost on friday. all of them six or 7 years old. and at a vigil tonight at newtown, president obama talked about the innocen
's release in china. that is a a record launch in china. >> well, still to come here tonight at 6:00 a nationwide clam yoer for stronger gun control laws and a firearms instructor joins to say. >> the neighbors who are raising a red flag. >> and michael finney helps plant a dreaudsx a school hopes to become the little school that could. stay with >>> a new survey shows growing support for gun control following the connecticut school tragedy. according a poll, 54% support stricter gun control. 71% oppose the ban of hand guns but 52% favor banning semi automatic weaponsnhxv÷ andd in the bay area gun control advocates poining to those number questioning universal background checks. more on that. and last night we heard the president say no set of laws could prevent a mass shooting but added that could not be an excuse for doing nothing. tonight the debate is getting more attention. protestors demonstrated outside of the national rifle association in washington, d.c. this morning and a long time gun rights congressman told msnbc it's time to do something. >> i don't know anyone that
if you're looking for a new chinese restaurant look no further than celebrity chef martin yan's my china. after the break we'll take a closer look at the new restaurant in this weeks version of dine and dish. if your furry friends need a place to spend the holidays while you are out of town. there's an app for that! those stories and more when we returne. gabe slate tech report >> if you have paid do if you he a dog and you need to go on vacation, this is a free account when woners can find a local boarder and they hand pick them dog vay cay has 24/7 support and these are official boraders. it was fun for companionship and a nice way to have a pet without having a long term committment and nice side money... a 15% cut is for the app.. a great place with no kennesl for the dogs. >> we had a lot of are rated today we have a lot of rain today i even saw a double rainfali even saw a double rainw pockets of heavy rainfall. and as............... san jose. and as we go towards south san jose towards the valley. the showers are picking up. at this wet weather will return and off the coast of san
with the democrats. dagen: apples weekend in china. new iphone sales top 2 million units. connell: $3.24 a gallon. these are the best prices we have seen all year for gasoline. a very, difficult day and weekend for many around the country. dagen: it will be a difficult week, month and many years to come as we try to deal with these shootings in newtown, connecticut. we will bring you up-to-date about any news as we get it. you'll hear about it in the fox news minute coming up in just a short while. connell: the business news of the day. we will begin with nicole petallides at the new york stock exchange. good morning. nicole: we did have a moment of silence for those in morning. our nation is in morning. let's take a look at the names on the move this morning. you can see some accelerated selling. 13% to the downside. it has been virtually flat. clearwater for $2.99. it is even below that particular level. we knew that sprint are ready to part of it. here is some economic news. not that great. it was down again. five months in a row. in japan, they had a big election. a lot of people have been ho
than 2 million in iphone 5s in china just over the last three days. that's the best ever debut for the iphone line in china. apple is china's second biggest market, although it did lose a lot of market share while they were waiting for that i5 to come out. and citi research has downgraded apple from a hold to a buy. you can see there just below $500. >>> also, the national association for business economics growth in 2013 to come in at 2.1% after growing by 2.2% in 2012. that would continue the same tepid growth that the country has seen since the recession ended back in mid 2009. >>> and the nation is mourning the horrific event of friday in newtown, connecticut. president obama spoke last night about change. >> we can't kol rate this any more. these tragedies must end. and to end them, we must change. we will be told that the causes of such violence are complex, and that is true. no single law, no set of laws can eliminate evil from the world or event every senseless act of violence in our society. >>> and earlier in the day, new york city mayor michael bloomberg called on th
.com/mornings. >>> apple is doing brisk business in china with the new iphone and google avoids penalties in an anti-trust investigation. jason brooks with kcbs and cbsmoneywatch.com, good morning. >> reporter: good morning. apple has been under pressure of late. we have seen its stock drop about $200 since hitting an all- time high over $700 back in september. iphone sales have been a big worry with the new 5 out. but it looks like sales were off to a strong start in china. apple says it sold 2 million iphone 5s in the first three days of business in china. there are some expectations that the company could sell up to 50 million iphones in the current quarter. there are other concerns about the new ipad mini cannibalizing sales of its larger sibling. >>> google is unscathed by an antitrust investigation here in the united states, according to the "wall street journal." a number of rivals say google's search practices emphasize its own services and companies over that of competitors but the "wall street journal" says u.s. federal trade commission won't force google to sign a consent decree and googl
on an elementary school in china. first, this live look outside from san francisco you can see the paper urges overcast. the headlights on the bay bridge, ", chris, we will be back up the be- bridge and crisp bay bridge >> in central china... police have arrested a man who stabbed 22 children and one adult outside an elementary school on friday. the children are all between the ages of 6 and 11. none of them died, however two had to be sent to hospitals outside the country. no word on the condition of the adult victim, who is said to be an elderly woman. authorities have not identified a motive. there has been a string of similar assaults against schoolchildren in china. one in 20-10 killed nearly 20 kids and wounded more than 50. they have very strict gun controls in china. 8:42 we are going to check in with jan wahl. >> that is what we are going to do it is a difficult time during this tragedy. but comedy can be something that will make us feel better and give us some health and life goes on. we will talk about the kosher comedy and how much fun it is during the comedy. stay tuned. o >> i l
getting here often means a dangerous odyssey that takes years to complete. they flee through china, laos, and thailand. all the time, easy prey for traffickers who force girls into marriage or prostitution. those who make it to the south are brought to this resettlement center. they prepare for their new lives. they learn what health insurance is or how to operate simple electronic devices. they are shown south korean films to smooth their cultural integration. they teach defectors the basics of living in a 21st century capitalist society. >> for example, a hamburger. they do not have hamburgers in north korea. we show them what they look like, how they taste, and what they cost here in the south. >> back in his high school, the school principal is urging students to think big. he tells them, "although you are from the north, you can become president or a pop star. you have to live your dreams." >> i have a very simple dream. i just want to sit down with my full family around a table and eat dinner. my grandparents are still in the north. to be with them is my greatest wish. >> they are
.s. infrastructure and whether we should spend money to fix it. >> number five, china. for sure by 2030. >> china. >> china getting more than a few mentions during the presidential campaign probably because it's clear they are both a competitor and a partner. >> number four, europe. the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over. number three, the housing market. finally bottomed out. the combination of low home prices and continued record low mortgage rates set off a building and buying spree. they bought entire neighborhoods, but first time buyers got a home of their own as long as they had a hefty down payment. >> number two. >> cnn projects that barack obama will be reelected president of the united states. >> the election. more than just about obama and romney, it was about socialism and capitalism and spending and cutting and what kind of role government should have in your life. >> number one is the fiscal cliff. lawmakers saw it coming and didn't bother to pay any attention to it until after the election. had they put politi
of santa's route. he follows every new year's. he just was in russia. now he's over the great wall of china. previous to that, he made his way to australia. you can see him flying past the famed opera house there. so he's delivered all of his presents in australia. all of the presents in russia. all the presents in japan, and also south korea, and, of course, now he's busy in china, on his way, of course, over here to the united states. we'll keep you posted. >>> wreaths across america. it's a program that's become part of the healing process for military families around the holidays. today's giving in focus takes a look at a tree farm in maine that helps turn greece into finding peace. >> i know when chris died, we kept thinking about how we were going to remember him. and we kept thinking that his spirit was moving through the trees every time you saw them moving. i seem to be drawn to maine even though i've never lived here. it's pretty amazing. >> we're in the wreath business and have been since 1971. columbia falls is a little town in coastal washington county. the perfect little count
and one china. 294 yards shy of the all-time record. he could give it with two games left. >> ama: it would be great if both our teams win today. a return to middle earth just ahead. how "the hobbit" stacks up to >> ama: join me at 9:00 on cable 13. we'll take a look at a massive asteroid three miles wide. at it considered a potential threat but not for several centuries. and it's back to school tomorrow and after friday's shooting it can be scary even for kids in the bay area. tonight the one thing you should tell your kid before they head to school. >>> middle earth is back on top at the box office. >> ama: peter jackson's "the hobbit" took in nearly $85 million in the record-setting opening, stronger than the three previous "lord of the rings" films, and guardians pulled in the family crowd. lincoln crossed the $100 million mark. skyfall is still hanging on. coming in at number four. and "life of pi" wraps up the top five films. that does it for us at 6:00. thank you so much for joining us this evening. we have free apps for your smartphone and download our large clock app for
about gun control. police in china have rescued 89 children in a major sting against child adoption gangs. police say they started investigations after reports in several provinces human trafficking remains a serious problem. in 2011, over a hundred thousand children were rescued. the united states has passed a resolution expressing concern over the treatment of thousands that have been displaced. the nonbinding resolution calls on the government of myanmar to investigate abuses. two people have been killed in that country after a commercial airline missed the runway. 63 passengers were on board when it came down. 10 others are injured. a fire swept through two rows of apartments in the philippines. six people were killed, and thousands are now homeless. it is not clear how the fire started. it is thought the electric circuit might have been overloaded with holiday lights. an indian policeman who was injured during a demonstration in new delhi has died. the 42-year-old was reportedly beaten up by front esters. -- protesters. >> the barricades are up, and there is a heavy security pr
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